StrikePoint Gold (CVE:SKP) Stock Price Down 2.9% – Here’s Why

StrikePoint Gold Inc. (CVE:SKPGet Free Report) fell 2.9% on Thursday . The company traded as low as C$0.17 and last traded at C$0.17. 59,430 shares changed hands during mid-day trading, an increase of 185% from the average session volume of 20,870 shares. The stock had previously closed at C$0.18.

StrikePoint Gold Stock Down 2.9 %

The stock has a market cap of C$44.86 million, a price-to-earnings ratio of -8.50 and a beta of 1.96. The company’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.11.

About StrikePoint Gold

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StrikePoint Gold Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, lead, and zinc deposits. The company was formerly known as Marum Resources Inc and changed its name to StrikePoint Gold Inc in June 2009.

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